Hong Kong Exchanges and Clearing Limited (HKEx) has listed 327 mainland-based companies whose market capitalization accounted for 39 percent of the total value of the HK stock market.

Since 1993, China's mainland-based companies have raised more than 1 trillion HK dollars at the Hong Kong market and played an important role at the HK securities market.

The information was released by Charles Yeh Kwong Lee, Chairman of Hong Kong Exchanges and Clearing Limited (HKEx), on Dec. 1 at the Economic Summit 2006: Roadmap to Hong Kong Success.

Mr. Lee added that by Nov. 30 this year deals clinched at the HK securities market had exceeded 4.1 trillion HK dollar, indicating a new high for this year following a record transaction of 3.97 trillion HK dollars last year.

By Nov. 25, 290 billion HK dollars fund had been raised on the HK securities market, which had already been higher than the total of last year. In terms of IPO, 170 billion HK dollars has been financed so far this year with 82 percent of the amount by mainland-based companies.

By People's Daily Online